Legis Daily

New Producer Economic Security Act

USA119th CongressHR-2536| House 
| Updated: 4/18/2025
Nikki Budzinski

Nikki Budzinski

Democratic Representative

Illinois

Cosponsors (9)
Gabe Vasquez (Democratic)Joe Courtney (Democratic)Zachary Nunn (Republican)Donald G. Davis (Democratic)Jill N. Tokuda (Democratic)Josh Harder (Democratic)Josh Riley (Democratic)Eric Sorensen (Democratic)Brian K. Fitzpatrick (Republican)

Agriculture Committee, General Farm Commodities, Risk Management, and Credit Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The New Producer Economic Security Act establishes a competitive program within the Farm Service Agency, called the New Producer Economic Security Program . Its primary purpose is to strengthen the food systems security of the United States by investing in community-led solutions that increase access to land, capital, and markets for qualified beneficiaries . The program provides grants, cooperative agreements, or other capital support to eligible entities to carry out covered projects. Eligible entities include State, local, or Tribal governments, non-profit organizations, community development financial institutions, and institutions of higher education, all with demonstrated experience serving qualified beneficiaries. Qualified beneficiaries are natural persons who are new to farming or ranching (less than 10 years), operate on rented land, or are economically disadvantaged. The program supports projects that enhance farm establishment, long-term business viability, and the financial and physical well-being of these producers. Covered projects involve providing direct financial assistance to qualified beneficiaries for activities such as land acquisition, interest rate subsidies, down payment assistance, and securing clear titles for heirs' property. Funds can also be used for land improvement, infrastructure, and succession planning. Additionally, the program supports technical assistance, including translation services, business planning, financial management, and guidance on USDA programs, to meet the specific needs of these producers. Priority is given to projects offering direct financial aid, strong partnerships, and mechanisms to protect agricultural land for future use.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 1, 2025

Latest Companion Bill Action

S 119-1237
Introduced in Senate
Apr 1, 2025
Introduced in House
Apr 1, 2025
Referred to the House Committee on Agriculture.
Apr 18, 2025
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • April 1, 2025

    Latest Companion Bill Action

    S 119-1237
    Introduced in Senate


  • April 1, 2025
    Introduced in House


  • April 1, 2025
    Referred to the House Committee on Agriculture.


  • April 18, 2025
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Agriculture and Food

Related Bills

  • S 119-1237: New Producer Economic Security Act

New Producer Economic Security Act

USA119th CongressHR-2536| House 
| Updated: 4/18/2025
The New Producer Economic Security Act establishes a competitive program within the Farm Service Agency, called the New Producer Economic Security Program . Its primary purpose is to strengthen the food systems security of the United States by investing in community-led solutions that increase access to land, capital, and markets for qualified beneficiaries . The program provides grants, cooperative agreements, or other capital support to eligible entities to carry out covered projects. Eligible entities include State, local, or Tribal governments, non-profit organizations, community development financial institutions, and institutions of higher education, all with demonstrated experience serving qualified beneficiaries. Qualified beneficiaries are natural persons who are new to farming or ranching (less than 10 years), operate on rented land, or are economically disadvantaged. The program supports projects that enhance farm establishment, long-term business viability, and the financial and physical well-being of these producers. Covered projects involve providing direct financial assistance to qualified beneficiaries for activities such as land acquisition, interest rate subsidies, down payment assistance, and securing clear titles for heirs' property. Funds can also be used for land improvement, infrastructure, and succession planning. Additionally, the program supports technical assistance, including translation services, business planning, financial management, and guidance on USDA programs, to meet the specific needs of these producers. Priority is given to projects offering direct financial aid, strong partnerships, and mechanisms to protect agricultural land for future use.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 1, 2025

Latest Companion Bill Action

S 119-1237
Introduced in Senate
Apr 1, 2025
Introduced in House
Apr 1, 2025
Referred to the House Committee on Agriculture.
Apr 18, 2025
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • April 1, 2025

    Latest Companion Bill Action

    S 119-1237
    Introduced in Senate


  • April 1, 2025
    Introduced in House


  • April 1, 2025
    Referred to the House Committee on Agriculture.


  • April 18, 2025
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Nikki Budzinski

Nikki Budzinski

Democratic Representative

Illinois

Cosponsors (9)
Gabe Vasquez (Democratic)Joe Courtney (Democratic)Zachary Nunn (Republican)Donald G. Davis (Democratic)Jill N. Tokuda (Democratic)Josh Harder (Democratic)Josh Riley (Democratic)Eric Sorensen (Democratic)Brian K. Fitzpatrick (Republican)

Agriculture Committee, General Farm Commodities, Risk Management, and Credit Subcommittee

Agriculture and Food

Related Bills

  • S 119-1237: New Producer Economic Security Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted